Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$428,422$428,422$729,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$300,578$0
Funding fee$2,142$2,142$0
Note rate2.75%2.75%7.18%
Blended rate2.75%4.812%7.42%
1st payment$2,043.78$2,043.78$4,938.50
2nd payment$0.00$1,941.23$0.00
Taxes / mo$329.08$329.08$329.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$145.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,589.53$4,530.76$5,630.05
Cash to close$381,578$81,000$81,000